REI Lense

REI Lense

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$1,941 (target)

3509 Delia St, Rowlett, TX 75088

3 beds • 2 baths • 1171 sqft

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This property looks like a bad Long-Term investment with a projected -10.2% first-year return on $48,930 initial cash invested.

-10.2%

Cash On Cash

4.37%

Cap Rate

0.73

DSCR

$1,941

Rent

-$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$233k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,930

Downpayment

20%

$46,600

Closing costs

1%

$2,330

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,941

Total Expenses

$2,357

Mortgage P&I

60%

$1,167

Property Taxes

31%

$604

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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